NASDAQ:ATSG - Air Transport Services Group Stock Price, News, & Analysis

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$24.90 +0.73 (+3.02 %)
(As of 02/19/2019 03:52 AM ET)
Previous Close$24.17
Today's Range$24.28 - $25.05
52-Week Range$17.06 - $26.91
Volume710,288 shs
Average Volume413,197 shs
Market Capitalization$1.47 billion
P/E Ratio27.67
Dividend YieldN/A
Beta0.96
Air Transport Services Group, Inc., through its subsidiaries, operates in the airfreight and logistics industry. The company owns and leases cargo aircraft to airlines and other customers. It also provides airline operations to delivery companies, airlines, freight forwarders, and the U.S. Military, as well as operates charter agreements. In addition, the company offers mail and package sorting services, as well as related maintenance services for material handling equipment, ground equipment, and facilities; airframe modification and maintenance, component repair, engineering, and aircraft line maintenance services; and flight crew training, air dispatch, and flight monitoring services. Further, it rents ground equipment and sells aviation fuel; and resells and brokers aircraft parts. As of December 31, 2017, the company owned a fleet of 70 serviceable Boeing 767, 757, and 737 cargo aircraft. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio.

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Industry, Sector and Symbol

Industry Air courier services
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:ATSG
CUSIP00922R10
Phone937-382-5591

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.07 billion
Cash Flow$4.0620 per share
Book Value$6.69 per share

Profitability

Net Income$18.49 million

Miscellaneous

Employees3,010
Market Cap$1.47 billion
OptionableOptionable

Air Transport Services Group (NASDAQ:ATSG) Frequently Asked Questions

What is Air Transport Services Group's stock symbol?

Air Transport Services Group trades on the NASDAQ under the ticker symbol "ATSG."

How will Air Transport Services Group's stock buyback program work?

Air Transport Services Group announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 28th 2018, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

How were Air Transport Services Group's earnings last quarter?

Air Transport Services Group Inc. (NASDAQ:ATSG) issued its quarterly earnings results on Friday, November, 2nd. The transportation company reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.01. The transportation company had revenue of $204.90 million for the quarter, compared to analyst estimates of $209.60 million. Air Transport Services Group had a return on equity of 19.89% and a net margin of 18.06%. The firm's revenue was down 19.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 EPS. View Air Transport Services Group's Earnings History.

When is Air Transport Services Group's next earnings date?

Air Transport Services Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Air Transport Services Group.

What price target have analysts set for ATSG?

5 brokerages have issued twelve-month price targets for Air Transport Services Group's stock. Their forecasts range from $27.00 to $31.00. On average, they expect Air Transport Services Group's stock price to reach $29.20 in the next year. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Air Transport Services Group.

What is the consensus analysts' recommendation for Air Transport Services Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Transport Services Group.

Has Air Transport Services Group been receiving favorable news coverage?

Media coverage about ATSG stock has been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Air Transport Services Group earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave news articles about the transportation company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term.

Who are some of Air Transport Services Group's key competitors?

Who are Air Transport Services Group's key executives?

Air Transport Services Group's management team includes the folowing people:
  • Mr. Joseph C. Hete, Pres, CEO & Director (Age 64)
  • Mr. Quint O. Turner, Chief Financial Officer (Age 56)
  • Mr. Richard F. Corrado, Chief Operating Officer (Age 59)
  • Mr. W. Joseph Payne, Chief Legal Officer & Sec. (Age 55)
  • Mr. Edward Russell Smethwick, VP of Corp. Devel.

Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.66%), River Road Asset Management LLC (3.90%), Moab Capital Partners LLC (3.48%), Nuveen Asset Management LLC (2.38%), D. E. Shaw & Co. Inc. (1.56%) and Deroy & Devereaux Private Investment Counsel Inc. (1.49%). Company insiders that own Air Transport Services Group stock include Brady Thomas Templeton, Jeffrey J Vorholt, Joseph C Hete, Joseph Edward Roux, Matthew E Fedders, Quint O Turner, Richard Francis Corrado, Richard M Baudouin, W Joseph Payne and Willem Mesdag. View Institutional Ownership Trends for Air Transport Services Group.

Which institutional investors are selling Air Transport Services Group stock?

ATSG stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, Monarch Partners Asset Management LLC, Prescott Group Capital Management L.L.C., Nuveen Asset Management LLC, First Trust Advisors LP, Dimensional Fund Advisors LP, Intrinsic Edge Capital Management LLC and Arrowgrass Capital Partners US LP. Company insiders that have sold Air Transport Services Group company stock in the last year include Quint O Turner, Richard Francis Corrado and W Joseph Payne. View Insider Buying and Selling for Air Transport Services Group.

Which institutional investors are buying Air Transport Services Group stock?

ATSG stock was bought by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Moab Capital Partners LLC, Raymond James & Associates, Ackerman Capital Advisors LLC, D. E. Shaw & Co. Inc., Emerald Mutual Fund Advisers Trust, SG Capital Management LLC and Tygh Capital Management Inc.. View Insider Buying and Selling for Air Transport Services Group.

How do I buy shares of Air Transport Services Group?

Shares of ATSG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Air Transport Services Group's stock price today?

One share of ATSG stock can currently be purchased for approximately $24.90.

How big of a company is Air Transport Services Group?

Air Transport Services Group has a market capitalization of $1.47 billion and generates $1.07 billion in revenue each year. The transportation company earns $18.49 million in net income (profit) each year or $0.90 on an earnings per share basis. Air Transport Services Group employs 3,010 workers across the globe.

What is Air Transport Services Group's official website?

The official website for Air Transport Services Group is http://www.atsginc.com.

How can I contact Air Transport Services Group?

Air Transport Services Group's mailing address is 145 HUNTER DR, WILMINGTON OH, 45177. The transportation company can be reached via phone at 937-382-5591 or via email at [email protected]


MarketBeat Community Rating for Air Transport Services Group (NASDAQ ATSG)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  192 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  506
MarketBeat's community ratings are surveys of what our community members think about Air Transport Services Group and other stocks. Vote "Outperform" if you believe ATSG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATSG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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